Hello Traders! Today's futures signal is for Ethereum #ETH.
- Action: Short - Target Price (TP): 2200 - Stop Loss (SL): 3600 - Leverage: 5x - 15x
This signal suggests a potential short opportunity for Ethereum with a target price of 2200 and a stop loss set at 3600. Leveraging between 5x to 15x can amplify potential gains, but it's essential to manage risk accordingly.
Remember, trading involves risk, and past performance is not indicative of future results. Exercise caution and consider your risk tolerance before taking any trades.
Happy trading, and may you make a good profit by following this signal.
📉 Asset: TON Coin (TONUSDT) 📉 Signal: Open Short Position 💼 Trade Type: Short-Term Trade
📊 Analysis: TONUSDT is showing signs of immediate weakness after failing to break a resistance level. Short-term indicators suggest a potential downward movement in the next few hours.
🎯 Target Price: $6.20 🛑 Stop Loss: $6.80 (Risk:Reward ratio of 1:1) 📆 Timeframe: Within 3 hours
🔍 Technical Indicators: - Moving Averages: Bearish crossover on shorter timeframes. - Relative Strength Index (RSI): Overbought and showing signs of reversal. - Volume: Decreasing, indicating potential for a quick pullback.
💡 Trade Strategy: - Entry: Open a short position immediately below current market price. - Exit: Take profits at $6.20 and set a tight stop loss at $6.80. - Risk Management: Manage risk carefully due to the short timeframe.
📉 Caution: Short-term trades are highly volatile. Monitor closely and be prepared to adjust your position based on rapid price movements.
📢 Disclaimer: This is not financial advice. Trade responsibly and conduct your own analysis before making trading decisions.